Thryv
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Thryv Holdings, Inc. | |
Type | Public |
Nasdaq: THRY S&P 600 Component | |
Industry | Software Marketing |
Founded | 2013 |
Headquarters | Dallas, Texas , |
Key people | Joe Walsh (CEO) |
Products | SaaS Yellow Pages |
Number of employees | 2,400+[1] |
Website | www |
Thryv is a publicly-traded software as a service company. It is headquartered in Dallas, Texas and operates in 48 states with more than 2,400 employees. The company began as a conglomerate of Yellow Pages companies. In June 2020, Thryv reported $1.3 billion in revenue over a twelve-month period.[1][2]
History[]
The company was created through a 2017 merger of Dex Media, a yellow pages publisher that restructured its debt in 2016, and YP Holdings, a yellow-pages publisher.[3][4][5][6] It published over 1,700 directories, both yellow and white pages, as well as search tools for businesses.[7][8][9][10]
With the increasing transition to digital, mobile and online search,[11] Thryv provides local businesses a host of marketing products to drive customers to client sites.[11] It has fostered partnerships with many of the key players in the marketing industry, combining advertising with local knowledge to provide a suite of technology, products, and tools. This extensive partnership network currently includes being a Google Premier Partner, Yahoo Preferred Partner, an MSN Elite Bing Ads Partner, and various others including Facebook, yp, yext, local.com and more.[12]
The company rebranded on July 15, 2019, with a focus on its flagship software product and its mission to equip entrepreneurs to run their businesses smarter using modern, mobile tools.[13] It reported $1.4 billion in revenue that year with a profit of $35.5 million. In October 2020, Thryv Holdings, Inc. went public through a direct listing on NASDAQ with a reported 40,000 SaaS clients.[3]
In February 2021, the company announced a partnership with Lendio for Thryv subscribers to access Paycheck Protection Program loans and small business financing.[14]
References[]
- ^ a b DiFurio, Dom (1 October 2020). "The 'hidden gem' Dallas company that owns the Yellow Pages just went back to the trading floor". The Dallas Morning News.
- ^ "Marketer Dex Media files for bankruptcy". USA TODAY. 17 May 2016. Retrieved 16 December 2016.
- ^ a b Jarrett Banks (December 7, 2020). "Thryv CEO Joe Walsh on Entrepreneurship and Converting the 'Unclouded'". Exec-Edge. Yahoo! Finance.
- ^ "DexYP Announces Corporate Name Change To Thryv, Inc". Business Wire. Retrieved 2 February 2020.
- ^ "Dex One and SuperMedia File Pre-Packaged Plans of Reorganization as Part of Merger Process". Business Wire. Retrieved 10 May 2013.
- ^ "Dex One and SuperMedia Complete Merger, Move Forward Together as Dex Media". Reuters. Archived from the original on 20 March 2014. Retrieved 10 May 2013.
- ^ Jarzemsky, Matt (19 April 2016). "Phone Book Publisher Dex Media Preparing to File for Bankruptcy". Wall Street Journal. Retrieved 16 December 2016.
- ^ "Dex Media acquires YP Holdings to create DexYP, expanding its Thryv local business automation software nationwide". Dex Media. 2017-06-30.
- ^ BusinessWire
- ^ "Dex Media Completes Financial Restructuring, Emerges from Chapter 11". Retrieved 1 August 2016.
- ^ a b "About Us - Dex Media". Dex Media. Retrieved 2017-01-08.
- ^ "Partners - Dex Media". Dex Media. Retrieved 2017-01-08.
- ^ "DexYP® Announces Corporate Name Change to Thryv, Inc". www.businesswire.com. 2019-07-15. Retrieved 2019-10-25.
- ^ Thryv, Inc. Announces Strategic Partnership with Lendio to Help SMBs Secure PPP Loans and Business Financing
- Companies based in Dallas
- Telephone directory publishing companies of the United States
- Companies listed on the Nasdaq
- Search engine software
- Software companies of the United States
- Direct stock offerings